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Development density, administrative decisions, and land values: An empirical investigation

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  • Gluszak, Michal
  • Zygmunt, Robert

Abstract

The paper addresses the links between planning uncertainty and land values, from theoretical and empirical perspective. We investigated land prices in a western part of Krakow (Poland) using a sample of 419 property sales from 2002 to 2014. We used spatial hedonic models to explore the relations between planning and building decisions, development density and land values.

Suggested Citation

  • Gluszak, Michal & Zygmunt, Robert, 2018. "Development density, administrative decisions, and land values: An empirical investigation," Land Use Policy, Elsevier, vol. 70(C), pages 153-161.
    • Handle: RePEc:eee:lauspo:v:70:y:2018:i:c:p:153-161
    DOI: 10.1016/j.landusepol.2017.10.036
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